ZIP 74066 - 860Z200US74066 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 74066, located in the heart of Oklahoma, this demographic and housing snapshot offers a clear picture of the area as of 2023. With a population of over 31,000 and a diverse community profile, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this article breaks down key metrics on population, income, housing, and racial composition to help you make informed decisions.

Population & Households

ZIP 74066 is home to a population of 31,953 residents as of 2023, making it a moderately sized community with a stable residential base. These individuals are distributed across 12,518 households, reflecting a mix of family and individual living arrangements. With 13,736 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 74066 stands at $64,351, positioning it as a community with a solid middle-income base. This income level supports a housing market where the median house value is $168,300—a figure that suggests affordability compared to many urban centers. For renters, the median monthly rent is $1,000, offering a reasonable cost of living for those not ready to buy. These figures provide a balanced perspective for anyone evaluating the financial landscape of this area, whether for personal relocation or investment purposes.

Race & Ethnicity

The demographic makeup of ZIP 74066 reflects a predominantly White population at 70.93%, with smaller but notable representation from other groups. Black residents account for 2.86% of the population, while Asian residents make up 0.66%. Hispanic or Latino individuals represent 5.58% of the community. This composition indicates a primarily homogeneous area with pockets of diversity, which may influence cultural amenities, community dynamics, and business opportunities tailored to specific demographic needs.

Key Facts

• Total population: 31,953 residents in ZIP 74066 as of 2023.
• Total households: 12,518, indicating a strong residential presence.
• Total housing units: 13,736, suggesting potential availability for new occupants.
• Median household income: $64,351, reflecting a middle-income community.
• Median house value: $168,300, offering affordability for buyers.
• Median rent: $1,000 per month, a reasonable rate for renters.
• Racial composition: 70.93% White, 2.86% Black, 0.66% Asian, 5.58% Hispanic.

What This Means for You

For homebuyers, ZIP 74066 offers an attractive blend of affordability and community size. With a median home value of $168,300 and a median income of $64,351, purchasing a home here could be within reach for many families or individuals seeking a stable, mid-sized area to settle down. The slight surplus of housing units (13,736 total versus 12,518 households) may also mean less competition in the market, potentially giving buyers an edge.

For real estate investors and agents, the data points to opportunities in both buying and renting. The gap between housing units and households suggests room for flipping properties or developing rental portfolios, especially with a median rent of $1,000 that aligns with local income levels. Keeping an eye on population trends could further inform long-term investment strategies in this area.

For small-business owners, the population of 31,953 and the income demographics indicate a consumer base with disposable income for goods and services. The racial and ethnic composition, while predominantly White, includes smaller diverse groups that could benefit from targeted offerings or culturally specific businesses. Establishing a presence in ZIP 74066 could tap into a steady local market.

For analysts, these metrics provide a foundational understanding of ZIP 74066’s socioeconomic landscape. The balance of income, housing costs, and population size offers a case study in middle-income community dynamics, useful for broader regional or comparative analyses.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 74066? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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